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The World Bank continues to operate in Nicaragua and notes that political unrest in 2018 has caused the economy to contract 3.8 percent prompting concerns that recent efforts to combat poverty levels will be undermined. [5]
Infrastructure development is a major part of World Bank aid to Uganda and generally involve urbanizing and transportation objectives. One such project is the Uganda Support for Municipal Development Project (USMID), which is a US$150 million IDA led project that began in 2013 with potential plans to expand since 2018.
In 2013 the bank adopted the concept of Shared Prosperity as one of the World Bank's “Twin Goals” for that year, with the other one focusing on poverty reduction, aiming to reduce the share of people in extreme poverty [ambiguous] to 3 percent of the global population by 2030.
The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group. Names of the two groups are alternated each year so a different one has top billing.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
During these years, Cambodia experienced a rise in World Bank projects related to children's welfare and the educational system. [ 1 ] The Total Project Budget Commitment was $243.1 million. $173.2 million is for funding projects from the World Bank and International Development Association (IDA) and the other $69.9 million is for development ...
World Bank. World Bank eLibrary is a subscription-based online web portal of all books, working papers, and journal articles published by the World Bank from the 1990s to the present. It covers more than 20 disciplines related to poverty, development, and social science including economic and human development, agriculture, infrastructure ...
Due to non-payment of arrears, lending was suspended after 2000, but the World Bank has remained involved using non-lending instruments and trust funds. [4] Zimbabwe's debt to the World Bank currently values at $1.5 billion, and $1.3 billion of that is debt in arrears. [4] The front of the paper Zimbabwe dollar, which circulated from 1980 and 1982.